TROY, Mich. – June 22, 2010 – PBS Works, a division of Altair Engineering, Inc. and a global leader in software solutions that make high performance computing (HPC) faster, simpler and smarter, announced today the availability of PBS Works™ 10.4, the company’s suite of on-demand computing technologies. PBS Works 10.4 provides customers new capabilities to streamline workload management, allowing easy creation of intelligent policies for managing distributed, mixed-vendor computing assets, including applications, as a single unified system.

The new version of PBS Professional®, the foundation for PBS Works, offers customers a next-generation backfill scheduling system with the ability to accurately predict job start times. PBS Analytics 10.4 introduces a new standalone resource utilization data analysis and visualization module. It can be deployed within any IT environment and is an easy-to-use solution that supports data-driven planning and decision-making. Together, the enhancements allow customers to maximize information technology (IT) investments by enabling more accurate forecasting and capacity planning decisions.

The estimated job start time feature offers customers more control and predictability of job schedules and timelines by informing users of the time a job will start, taking into account all aspects of site scheduling policies. The PBS status command “qstat” displays jobs by run priority, making it very simple for users to understand their job’s place in the queue.

“With this release, we have invested significantly to provide businesses with more visability and planning tools for all levels throughout the enterprise,” said Dr. Bill Nitzberg, chief technical officer for PBS Works.

“With reduced IT budgets, it is increasingly important for companies to get the most out of their IT assets, and PBS Analytics helps them achieve this,” said Nitzberg. “Measuring use, denials, costs and performing what-if simulations provides customers with the information they need to make smart decisions about their IT spending. ”

PBS Works 10.4 also includes an updated version of PBS Catalyst, a tool that simplifies the submission and management of jobs running on PBS Professional compute nodes. Since there are no complicated commands to learn or scripts to write and maintain, PBS Catalyst increases productivity for users by allowing more time for value-added research and analysis. To best meet demanding and varied requirements, PBS Catalyst comes in two forms: a Web-based version that allows users to easily submit work to remote PBS Professional compute nodes, as well as a powerful desktop client version that enables users to submit jobs to local and remote systems.

PBS Works 10.4 is now available from Altair and its channel partners. Visit www.pbsworks.com to learn how PBS Works makes high-performance computing faster, smarter and more productive.

About PBS Works
PBS Works is a suite of on-demand grid computing technologies that allows enterprises to maximize ROI on computing infrastructure assets. PBS Works is the most widely implemented software environment for grid, cloud, cluster and on-demand computing worldwide. The suite’s flagship product, PBS Professional, provides a flexible, on-demand computing environment that allows enterprises to easily share mixed computing resources across geographic boundaries. Leveraging a revolutionary “pay-for-use” unit-based business model, PBS Works delivers increased value and flexibility over conventional software-licensing models.

About Altair
Altair Engineering, Inc. empowers client innovation and decision-making through technology that optimizes the analysis, management and visualization of business and engineering information. Privately held, with more than 1,300 employees, Altair has offices throughout North America, South America, Europe and Asia/Pacific. With a 25-year track record for high-end software for engineering and computing, enterprise analytics solutions, and innovative product design and development, Altair consistently delivers a competitive advantage to customers in a broad range of industries. To learn more, please visit www.altair.com.